An investment has an expected return of 12 percent per year, Business Economics

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An investment has an expected return of 12 percent per year

An investment has an expected return of 12 percent per year with a standard deviation of 24 percent. Assuming that the returns on this investment are at least roughly normally distributed, how frequently do you expect to earn between -13 percent and 35 percent? How often do you expect to earn less than -13 percent?

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